Surety Bonds
What is Surety Bonds?
A surety bond is a three-party agreement that guarantees you'll meet a legal, financial, or contractual obligation. Unlike insurance, which protects you, a bond protects the person or entity requiring it — like a city, state, or client — by guaranteeing you'll follow the rules or complete the work you promised. If a claim is made and paid out, you're responsible for repaying the bond company. Many licenses, permits, and contracts in Delaware require a bond before you can legally operate.
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Delaware's Most Popular Bonds
Mortgage License Bonds
For professionals seeking to operate within Delaware’s mortgage industry. These bonds help ensure compliance with state lending and brokering regulations.
Delaware - Mortgage Broker ($25,000)
Contractor License Bonds
Delaware and New Castle County require a variety of contractor bonds for professionals working in construction, trades, and specialty contracting. These bonds guarantee lawful operation and financial responsibility.
Delaware – Non-Resident Contractor Tax
New Castle County, DE – Class A Building Contractor ($150,000)
New Castle County, DE – Class B Building Contractor ($50,000)
New Castle County, DE – Class C Building Contractor ($25,000)
New Castle County, DE – Class U Building Contractor ($200,000)
New Castle County, DE – Decorative Appliance Contractor ($10,000)
New Castle County, DE – HVACR Contractor ($25,000)
New Castle County, DE – Master Plumber Contractor ($10,000)
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